Latest Etched News & Updates

See the latest news and media coverage for Etched. We track all announcements, press releases, and industry mentions in real time, all in one place.

Etched

Developer of AI inference hardware and clusters

etched.com

Headquarters: San Jose, United States
Founded year: 2022
Company type: Private company
Number of employees: 200–570
Industry: Semiconductors

Last updated October 18

Latest news about Etched

In short: Etched fielded offers at a $40 billion-plus valuation after raising $700 million at a $21 billion valuation.

Company announcements

August 18 Etched

Etched raises $700 million at a $21 billion valuation

The company ships its first AI inference rack to lead investor Jane Street while announcing participation from Kleiner Perkins and Sequoia Capital.

July 23 Etched

Etched raised $300M in Series C funding

The round values the company at $10.3B and includes a new 80,000 sqft production facility.

June 30 Etched

Etched comes out of stealth with AI inference chips

They have $800m raised, $1B+ contracts, and first racks shipping this summer, with breakthroughs in low-voltage inference and cluster-scale memory.

February 28, 2025 Etched

Etched announces summer 2025 internship program

The program offers high-impact projects, mentorship, and competitive compensation across engineering and business departments.

Media coverage

October 18 Crypto Briefing

Private investors pile into AI startups Etched, Unconventional AI and Legora

Private investors back Etched at $21 billion, Unconventional AI at $4.5 billion and Legora as Wall Street sells debt-heavy AI infrastructure.

October 5 TechCrunch

Etched fields funding offers at $40B+ valuation, sources say

Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more...

October 1 Around Prague

Harvard dropout's AI chip startup Etched now worth $21 billion

Gavin Uberti dropped out of Harvard in 2023 for Peter Thiel's fellowship. Three years later, investors value his AI chip startup Etched at $21 billion.

September 29 TradeFlock Asia

Etched: Chip Startup Betting Everything on AI Inference

Etched raised $700M at a $21B valuation. See how its Sohu chip bets everything on AI inference and what it must prove next.

Never miss news about Etched

Track Etched and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Etched competitors & trending companies

Browse news for competitors to Etched and other trending companies.